AMF Pensionsforsakring is a Swedish entity jointly owned by a workers union and a confederation of businesses. AMF produces amusing commercials (including unicorns) that bring home the point of retirement. In fact, it made outsized purchases of larger U.S.-traded securities, including Nike (NKE), Starbucks (SBUX), Ford Motor (F), Verizon Communications (VZ) and Intel (INTC).

Sao Paulo investment firm SouthRock Capital has signed an agreement with Starbucks Corp (SBUX.O) that gives it the right to develop and operate branches of the Seattle-based chain in Brazil, the companies said late on Monday. With the agreement, whose value was not disclosed, all of Starbucks' retail operations in Latin America are now wholly licensed rather than directly managed, the companies said. SouthRock founder Ken Pope said in a statement the fund would eye expansion opportunities in new and existing markets.

Sao Paulo investment firm SouthRock Capital has signed an agreement with Starbucks Corp that gives it the right to develop and operate branches of the Seattle-based chain in Brazil, the companies said late on Monday. With the agreement, whose value was not disclosed, all of Starbucks' retail operations in Latin America are now wholly licensed rather than directly managed, the companies said. SouthRock founder Ken Pope said in a statement the fund would eye expansion opportunities in new and existing markets.

Starbucks Coffee Company today announced that it has entered into an agreement with SouthRock – a leading multi-brand restaurant operator in Brazil – to fully license Starbucks retail operations in the country.

Britain has resisted a call by campaigners and lawmakers to impose a so-called "latte levy" on single-use coffee cups, opting instead to reduce the use of the cups through voluntary measures. Less than 1 percent of coffee cups are recycled in Britain because of the tightly bonded plastic liner, the difficulties of recycling packaging which has been in contact with food and drink and a lack of facilities. A committee of lawmakers had recommended a 25 pence ($0.34) levy on the use of disposable coffee cups to try to cut on their usage.

The Fourth Swedish National Pension Fund is one of five so-called buffer funds that together constitute about 15% of the country’s pension system and helps to cover future pension disbursements. AP4, as the fund is known, had assets totaling 356.6 billion Swedish kronor as of the end of 2017, or about $43.3 billion. The fund gained 30.1 billion kronor in 2017 while contributing 7.4 billion kronor to the pension system.

More than 130 million young women and girls around the world do not have the opportunity to go to primary or secondary school, representing a generation of young people with limited ability to access economic opportunities, create their own livelihoods, and become leaders in their communities1.

Shares of several major Chinese internet companies--including Alibaba (BABA), JD.com (JD), and Tencent (TCEHY)--surged in early morning trading Tuesday after a better-than-expected earnings report underscored the strength of the budding industry.